Which of the Statements Below Is FALSE

question 120

Multiple Choice

Which of the statements below is FALSE?

• A)External lenders generally require the company to provide private information about the company,its plans,current operations,and past performance.
• B)Corporate financing problems are really not all that different from personal financing ones.
• C)If information is proprietary and the company feels that it could be helpful to a competitor if it was to become public knowledge through lending,then the company's logical choice is to use internal funds if they are sufficient for funding a new project.
• D)None of the above statements is false.

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Definitions:

Sales Price

The selling price set for a service or product aimed at consumers.

Contingent Liabilities

Potential liabilities that may occur depending on the outcome of a future event or set of circumstances.

Damage Awards

Monetary compensation determined and ordered by a court for losses or injuries suffered as a result of unlawful actions or negligence by another party.

EPA Fine

A penalty imposed by the Environmental Protection Agency for violations of environmental laws or regulations.